Keeping records and history is a very important aspect in the crypto industry, as it helps us know the the event that took place in the past.
So many people, when you suggest investment in the crypto industry, they will tend to make excuses of market volatility and coin performance in 365 days without even doing there own research, what about some years back?
In 2010, one Bitcoin was just $0.20, and buying 5,000 Bitcoin would cost only $1000.
Compare that price as of then to today's price $27k plus, you would be obviously filthy rich.
I hope that this open the eyes of most newbie's the potential of Bitcoin, if you are already in the Bitcoin market just be happy because this market have a lot more to offer,
The most simple but effective way I use to navigate my way in the market is the DCA method I use, accormulate as much Bitcoin as possible because the bull run will definitely change the history of your finances if you position your self right and wait patiently for the bull run to come .
No one knew that Bitcoin price would go up to it's current ATH back then, if you also knew about Bitcoin in 2010 would you think that it would be worth it? or at least guess that it would be around thousand dollars in the future when it is just cents at that time?
The price or market is surely volatile and not everyone could ride those waves that is why some traders lose and only few wins on it.
Crypto could change lives but it is also up to us on how it would change our lives, it could be for better or for worse.
Investing in crypto doesn't guarantee that our lives would be better.
No, I would probably not be going to think it to be worth it. What happened to Bitcoin is unpredictable. No one expected it to be this valuable. $20 back then was high enough to make a lot of people sell their holdings. There are also some people who curse Bitcoin and call it a scam investment. I mean, even I would probably do the same and will forget about it. Its value before compared to now is really unexpected.
It is about our decision-making. If we become agitated, especially in Bitcoin it won't change our lives but will make it hard by losing our investment. It's also about the choice of whether we will keep on investing and do DCA or let the chance to change our lives slip by.